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ABT tunes Audi RS6 Avant to 730 hp for Geneva
Thu, 27 Feb 2014German tuner ABT Sportsline is bringing its modified Audi RS6-R Avant to the Geneva motor show. The limited-edition, 730-hp station wagon will be produced in a run of just 25. “Mind you, the R stands for ‘racy,’ not for ‘rough’ or ‘rude,’” says CEO Hans-J
Saab EIB loan repaid by Swedish Government
Sat, 28 Jan 2012Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.
We're Getting More MPG
Thu, 11 Jul 2013The average car/truck/SUV sold by the top eight brands in America makes almost one mile per gallon more than it did a year ago, according to sales-weighted data from the industry analysts at TrueCar. TrueCar's TrueMPG industry average of 23.7 mpg remains the highest the car market has seen, 0.7-mpg higher than at this time last year. The biggest gainers by brand are Nissan and Chrysler, which improved their fleets by 1.1 mpg over last year's numbers.